Is National Gas & Industrialization Company (2080) halal?
National Gas & Industrialization Company is compliant under Sanad's AAOIFI Standard 21 screen: interest-bearing debt is 4.1% of market capitalisation (limit 30%), and non-permissible (interest) income is 0.2% of revenue (limit 5%).
The AAOIFI financial screen
| Test | Result | Limit | Status |
|---|---|---|---|
| Interest-bearing debt ÷ market capitalisation | 4.1% | < 30% | Within limit |
| Non-permissible income ÷ revenue | 0.2% | < 5% | Within limit |
Purification
Even a compliant company earns a little interest. About 0.2% of National Gas & Industrialization Company's revenue is non-permissible income, so a shareholder who receives dividends would normally donate about 0.2% of each dividend. Open the full analysis for the amount per share.
About National Gas & Industrialization Company
The National Gas & Industrialization Company, also known as GASCO, is a leading player in the energy sector. Primarily headquartered in Saudi Arabia, this company is integral to the storage, transportation, and distribution of liquefied petroleum gas (LPG) across the kingdom. GASCO's operations include a robust infrastructure for ensuring efficient delivery of LPG, serving both domestic and commercial clients. The company plays a crucial role in supporting the energy…
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Frequently asked questions
Is National Gas & Industrialization Company (2080) halal?
National Gas & Industrialization Company is compliant under Sanad's AAOIFI Standard 21 screen: interest-bearing debt is 4.1% of market capitalisation (limit 30%), and non-permissible (interest) income is 0.2% of revenue (limit 5%).
What makes a stock halal or haram?
Under AAOIFI Standard 21 a company must first have a permissible core business (no conventional banking or insurance, alcohol, tobacco, gambling or similar). Then interest-bearing debt must be under 30% of its market value and interest income under 5% of its revenue.
How much of National Gas & Industrialization Company's dividends should be purified?
About 0.2% of each dividend, the share of the company's income that is not permissible. Donate that amount rather than keeping it.
How often is this updated?
Prices refresh daily and the ratios update when the company files new financial statements, usually every quarter. This page's data was last updated 2026-09-14.